People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Arkansas
GCT1503AR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.50
Year-over-Year Change
31.94%
Date Range
1/1/2006 - 1/1/2023
Summary
This economic trend measures the percentage of people aged 25 and older in Arkansas who have completed a graduate or professional degree. It provides insights into the state's educational attainment levels and human capital.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Arkansas' series tracks the share of the adult population in Arkansas that has earned an advanced degree, such as a master's, doctorate, or professional degree. This data is used by economists and policymakers to analyze educational outcomes and human capital development within the state.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is relevant for evaluating the skills and qualifications of Arkansas's workforce, which informs economic and workforce development policies.
Key Facts
- Arkansas's graduate/professional degree attainment rate is lower than the national average.
- Degree holders tend to have higher incomes and lower unemployment rates.
- Advanced degrees are linked to greater innovation and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of people aged 25 and older in Arkansas who have completed a graduate or professional degree, such as a master's, doctorate, or professional degree.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the educational attainment and human capital of Arkansas's adult population, which is relevant for evaluating the state's workforce skills and informing economic and workforce development policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the skills and qualifications of Arkansas's workforce, which informs economic and workforce development policies aimed at promoting human capital and economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually by the U.S. Census Bureau, and there may be a slight delay in the most recent data being available.
Related Trends
Chain-Type Quantity Index for Real GDP: Fabricated Metal Product Manufacturing (332) in Arkansas
ARFABRMETQGSP
Personal Consumption Expenditures: Goods for Arkansas
ARPCEG
Average Weekly Hours of All Employees: Goods Producing in Arkansas
SMU05000000600000002A
Gross Domestic Product: Other Transportation Equipment Manufacturing (3364-3466, 3369) in Arkansas
AROTRANEQMANNGSP
Real Gross Domestic Product: Machinery Manufacturing (333) in Arkansas
ARMACHMANRGSP
Real Gross Domestic Product: Accommodation and Food Services (72) in Arkansas
ARACCOMDRQGSP
Citation
U.S. Federal Reserve, People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Arkansas (GCT1503AR), retrieved from FRED.